Optimal Inattentive Length in Macroeconomic Models

This paper proposes an approximate solution of firm's optimal inattentive length in a standard macroeconomic model. The approximate solution conceptually fits a sticky-information model better, and predicts empirically more plausible inattentive length than the one proposed by Reis (2006)

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Year of publication:	2014
Authors:	Jinnai, Ryo
Publisher:	[2014]: [S.l.] : SSRN
Subject:	Theorie \| Theory \| Asymmetrische Information \| Asymmetric information \| Makroökonomik \| Macroeconomics

Extent:	1 Online-Ressource (7 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Economics Letters, Vol. 95, No. 2, 2007 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments March 1, 2006 erstellt
Classification:	E31 - Price Level; Inflation; Deflation ; E39 - Prices, Business Fluctuations, and Cycles. Other
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013055349